12 Stocks on the All-Time High List

While the $QQQ is struggling to hold above its 200-day moving average and the $SPY has just discontinued its series of 7 consecutive negative days, there are stocks that are trading at new all-time highs. What could be a better indicator of strong underlying demand than a new all-time high on the background of massive sell off.

Let’s take a look at the themes on the list:

Coffee: $GMCR and $PEET

Gold: $RGLD

Agricultural chemicals: $TNH

Investment brokerage: $MKTX

Waste Management: $CLH

Diversified Machinery: $TWIN

Restaurant: $ARCO (the so called McDonald’s of South America)

Global Payment Processing: $MA

Information and delivery svs: $GNET

Online auction for surplus and salvage assets: $LQDT

Electric Utilities: $BIP